Sunteck Realty’s gross sales bookings elevated by 40% in December quarter, know the way the shares have carried out – INA NEWS

Sunteck Realty share: Gross sales bookings of actual property sector firm Sunteck Realty elevated by 40 % to Rs 635 crore through the December quarter of the present monetary 12 months. The corporate is benefiting from fast demand. The corporate has given this info within the change submitting after the market closed on Friday. The corporate’s gross sales reserving in the identical interval a 12 months in the past was Rs 455 crore. The shares of the corporate have fallen by 3.16 % on Friday and the inventory closed at Rs 478.90 on BSE. The market cap of the corporate is Rs 7,015 crore.

On a quarterly foundation, Sunteck Realty’s pre-sales elevated by 21.18 % in comparison with Rs 524 crore in Q2FY25. Collections in Q3FY25 stood at Rs 336 crore, which is 23.29% larger than final fiscal and 25.84% larger on a quarterly foundation.

Sunteck Realty’s gross sales bookings elevated by 34 per cent to Rs 1661 crore within the April-December interval of FY 2024-25. Its gross sales reserving in the identical interval a 12 months in the past was Rs 1237 crore. Mumbai-based Sunteck Realty is among the main actual property builders within the nation. The corporate focuses on a city-centric growth portfolio of roughly 52.5 million sq ft unfold throughout 32 tasks.

The 52-week excessive of Sunteck Realty shares is Rs 698.35 and 52-week low is Rs 379.90. The corporate’s shares have fallen by greater than 5 % within the final one month. On the similar time, this inventory has fallen by about 16 % within the final 6 months. Within the final one 12 months it has given returns of solely 4 %. Within the final 4 years, its buyers have gotten solely 29 % revenue.

Disclaimer: The knowledge offered right here is for info solely. You will need to point out right here that investing available in the market is topic to market dangers. As an investor, at all times seek the advice of an skilled earlier than investing cash. Moneycontrol by no means advises anybody to speculate cash right here.

Sunteck Realty’s gross sales bookings elevated by 40% in December quarter, know the way the shares have carried out

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